UK VAT

Oerview

UK VAT o 20% sall be charged on seller's commission whan the buyer's location is frae the UK. Please refer tae the example unner:

UK VAT on Seller Commission Scenario:

• UK Seller & UK Buyer: UK VAT 20% sall be charged on the UK seller's commission
• Thailand Seller & UK Buyer: UK VAT 20% sall be charged on the Thailand seller's commission
• UK Seller & Thailand Buyer: UK VAT will nae be charged because the buyer is nae frae the UK

Special Double Taxation Scenario Applies tae the Following:

Singapore Seller & UK Buyer: SG GST 7% + UK VAT 20% sall be charged on the seller's commission
Indonesia Seller & UK Buyer: ID VAT 11% + UK VAT 20% sall be charged on the seller's commission
Australia Seller & UK Buyer: AU GST 10% + UK VAT 20% sall be charged on the seller's commission

Sample Calculation

Gin ye're a Singaporean seller sellin tae a UK buyer for SGD 100, an the seller commission is 4.99%, yer net earnings will be SGD 93.66, calculated as follows:

Selling Price	SGD 100.00
- G2G Seller Commission @ 4.99%	SGD 4.99
- SG GST	(SGD 4.99 x SG GST @ 7%) SGD 0.35
- UK VAT	(SGD 4.99 x UK VAT @ 20%) SGD 1.00
Net Earning Payable tae Seller	SGD 93.66